The New York Times sees the end coming.
The Winding-up Campaign.
The campaign which has already been opened by Gen. SHERMAN, and in which the armies operating before Petersburgh and Wilmington, will soon take part, will be the winding-up campaign of the rebellion. It is no secret that great bodies of troops have been coming from the West to take part in it; and whether they reinforce for the moment the army of MEADE, or of TERRY, or of SHERMAN, it is all the same. The campaign is a unit; its combinations are made under the supreme direction of Lieut.-Gen. GRANT; and the enemy to be fought and defeated and destroyed is the army of Gen. LEE near Richmond. GRANT’s combinations have always been of a very great kind, both in the West and in the East; and we believe that his final campaign will be the grandest of the war. The Richmond papers of Tuesday last show that the rebels at Richmond are in terror lest a movement on the James accompany the other movements under way. LEE, we are told by the Richmond Dispatch, expected an attack on the north side of the James on Sunday last; and it was thought that for that day only the mud saved him. Attacks were also expected elsewhere on the lines, which the rebels fear are only temporarily postponed.
With armies of such magnitude as are now operating against the last rebel army, under command of such leaders as GRANT and SHERMAN, operating from such admirable positions as we hold, we expect to see the winding-up campaign carried to a glorious termination.