20 JULY 1861, Page 1

NEWS OF ME WEEK.

THE President's Message, the event of the week, resembles no- thing so much as a claim for dilapidations. He states the damage Incurred very lengthily, argues his legal right very wearily, and ends with a startling estimate of the sum which must be laid out on re- pairs. The substance of the paper may be summed up in two lines. Mr. Lincoln demands four hundred thousand men and a hundred millions sterling for the suppression of this rebellion, and will get them.