5 OCTOBER 1861, Page 2

General Fremont's proclamation, directing the emancipation of all slaves owned

by rebels, has been disallowed by the President, with what effect remains to be seen. General Fremont has not resigned his command, but he is accused—formally, we mean—of an "isola- tion inconsistent with Republican institutions," and of improper conduct in bestowing contracts. He will, it is said, be recalled to Washington, and pending the dispute action in Missouri is at a stand, and Lexington has capitulated to the Confederates. A very strong party in the West appear inclined to support Fremont, but the De- mocrats of New York have " endorsed the President's action."