The weather has greatly moderated. I hope, now, it will continue moderate!

Mr. Crenshaw, who has the gigantic flour contract with the War Department, effected with Mr. Randolph, has just (in the President’s absence) made another contract with Mr. Seddon. The department becomes a partner with him, and another party in England, in a huge commercial transaction, the object of which is to run goods in, and cotton out. We shall have our Girards, as well as the United States. Mr. Crenshaw proceeds to England immediately, bearing letters of credit to Mr. Mason, our Minister, etc.

An immense sum is to be sent West to pay for stores, etc., and Mr. Benjamin recommends the financial agent to the department. The illicit trade with the United States has depleted the country of gold, and placed us at the feet of the Jew extortioners. It still goes on. Mr. Seddon has granted passports to two agents of a Mr. Baumgartien—and how many others I know not. These Jews have the adroitness to carry their points. They have injured the cause more than the armies of Lincoln. Well, if we gain our independence, instead of being the vassals of the Yankees, we shall find all our wealth in the hands of the Jews.

The accounts from North Carolina are still conflicting. It is said the enemy have retired to Newbern; but still we have no letters beyond Goldsborough. From Raleigh we learn that the legislature have postponed the array bill until the 20th of January.

December 23d.—The battle of Fredericksburg is still the topic, or the wonder, and it transpired more than nine days ago. It will have its page in history, and be read by school-boys a thousand years hence. The New York Times exclaims, “God help us—for man cannot.” This is another war sheet. The Tribune is bewildered, and knows not what to say. The Herald says “everything by turns, and nothing long.” Its sympathies are ever with the winning party. But it is positively asserted that both Seward and his son have resigned, to be followed by the rest of the cabinet. That example might be followed here without detriment to our cause. And it is said Burnside has resigned. I doubt that—but no doubt he will be removed. It is said Fremont has been appointed his successor. That would be good news. I think Halleck will be removed, and McClellan will be recalled. No matter.

It is said our President will command in Mississippi himself—the army having no confidence in Pemberton, because he is a Yankee.

We have a letter to-day from Gen. Pike (another Yankee), saying the Indian country is lost—lost, because Gens. Holmes and Hindman—Southern men—won’t let him have his own way!

The news from North Carolina is still cloudy. Gen. G. W. Smith is there (another Northern man).

Gen. Elzey has been appointed to command this department during Gen. L.’s absence. Gen. E. is a Marylander. In the President’s absence, it is said this appointment was made by Gen. S. Cooper (another Yankee) to insult Virginia by preventing the capital from being in the hands of a Virginian. The Richmond papers occasionally allude to the fact that the general highest in rank in the Confederacy is a Yankee—Gen. S. Cooper.

Gen. Lee says his ammunition is bad in quality, and that his new guns burst in the late battle—all under charge of the chief of the Bureau of Ordnance—another Yankee. Gen. D. H. Hill writes a scathing letter to the department in response to a rebuke from the new Secretary, occasioned by some complaints of Major Palfrey in Gen. Cooper’s (A. and I. General) office. I do not know where Major P. came from; but the fact that he was not in the field, gave the general occasion to rasp him severely. It must have been caused by an order transferring, furloughing, or discharging some soldier in Gen. H.’s division—and his patience vanished at the idea of having his men taken out of the ranks without consulting him, by carpet knights and civilian lawyers. He says 8000 are now absent from his command—and that Gen. Johnston’s army, last spring, was reduced from the same cause to 40,000 men, where he had to oppose 138,000 of the “rascally Yankees.” He concludes, however, by saying it is the duty of subordinate generals in the field to submit in all humility to the behests of their superiors comfortably quartered in Richmond. But if justice were done, and the opinions of the generals in the field were regarded in the matter of discharges, etc., the lawyers, who have grown fat on fees by thinning our ranks, would be compelled to resort to some more laudable means of making a living.