I was speaking to a New England Congress chap, this morning, concerning the recent events which I am compelled to remain silent about, and, says he: "The proper way to save the Union is to bewilder the rebels by issuing calls for fresh troops at breakfast-time, and countermanding the calls as soon as the coffee comes in. Strategy," says the grave legislative chap, thoughtfully, "is not confined to the tented field; it may be used with good effect by Cabinet ministers; and our recent proposal to reduce the army 150,000 men was a piece of consummate legislative strategy." Legislative strategy is a very good thing to bewilder the rebels, my boy; and if it also bewilders everybody else, the moral effect of the adjournment of Congress will prove rather beneficial than otherwise to our distracted country. Yours, under suppression, ORPHEUS C. KERR. LETTER LIV. ILLUSTRATING THE DISASTROUS EFFECTS OF STRATEGY UPON NATIONAL LITERATURE, AS EXEMPLIFIED IN THE ORIGINAL TALE READ BY OUR CORRESPONDENT BEFORE THE COSMOPOLITAN CLUB. WASHINGTON, D. C., July 9th, 1862. A few weeks ago, my boy, when national strategy seemed rapidly coming to a distinct understanding with the American Eagle, and the fall of Richmond had resolved itself into a mere question of time--as slightly distinguished from Eternity,--I became a member of the Cosmopolitan Club. This club, my boy, is a select draft from the host of clumsy but respectable foreigners now assembled here to criticize the military performances of our distracted country, and I have the honor to represent my native land, _solus_, in it. Its members are, a civilized Russian chap named Vitchisvitch, a Turk named N. E. Ottoman, an Englishman named Smith-Brown, a Frenchman named Bonbon, a German named Tuyfeldock, a Spaniard and myself. The object of this small international organization, which meets once every three weeks, is to advance the cause of free and easy literature in the lulls of national strife, and preserve coherent ideality and tolerable grammar from falling into disuse. The foreign chaps, my boy, all speak much better English than a majority of our brigadiers; and in order to give a system to our proceedings, it has been resolved, that each of us, in turn, shall relate an old-fashioned story relating to his own particular country; and that all shall take pains to contribute miscellaneous items for the general delectation of the club. The privilege of producing the first story was voted to me, my boy, and at the meeting of the Cosmopolitan last evening, I produced from my pocket a manuscript already secured from me by a wealthy journal (VANITY FAIR.--ED.) for a fabulous sum, and proceeded to regale assembled Europe with A QUARTER OF TWELVE. CHAPTER I.--F. F. VICISSITUDES.