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' The American struggle has assumed no new phase, though'

the Confederates have been victors in the first skirmish by land: The - latest papers, however, bring stories of compromise, which we men- tion only because we disbelieve them. Mr. Jefferson Davis; the- story runs, will accept a reconstruction on the basis of the Crittenden. compromise. The Northern papers are so furious at the idea, that it seems really to have been started ; but there is little fear of such a concession of principle. For the North, reconstruction on any slavery compromise would amount to submission, while the South is not likely to enter the Union till its strength has been fairly tried. At present all accounts point to a battle behind the Manassas Gap, the broad pass which divides Washington from Central Virginia,

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