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ery gloomy view of the Yankee position: I have already demonstrated in former letters that while Chattanooga is a strategically important point, it is not a safe one. To hold it securely involves the necessity of holding the Tennessee river for fifty miles to the right and left of it.--As soon as our army had crossed at Bellefonte, Stevenson, and Bridgeport, it was virtually master of the place. For the same reason, when it was forced back into it, after the battles of the 19th and 20th ult., the question to hold it rested upon its ability not so much to repel an attack from the front as to retain control of the river below.--There was not force enough at the command of Gen. Rosecrans to protect all the fords and roads leading from the south bank to his depots and lines of communication on and along the river.--Hence his principal danger was the contingency of a flank movement by a detached column of the enemy over the same route that he took to leave Chattanooga. With the ar
Movements of the President. --President Davis arrived at Enterprise, Miss., on the 20th inst., and sojourned at Gen. Hardee's headquarters.--He addressed the citizens and soldiers there in a speech an hour in length. He denounced the extortioners and speculators, and paid a heartfelt tribute to the women of the South. It is stated that on his route to Richmond he will stop a day or two in Charleston and review the troops there.