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loating in the Potomac, and the Richmond secessionists seem to entertain great hopes of its utility in inflicting injuries upon us. At one time, there was a great want of powder in the South, which is now being supplied by manufacturers in North Carolina or Tennessee. The machinery for the manufacture of arms at Harper's Ferry has been removed to Fayetteville, N. C., where two hundred and seventy-five men have been sent to put it into operation. The design is to chiefly manufacture there Morse's breech-loading rifles, for which they have obtained all the necessary patterns. The Tredegar Works at Richmond are very busily engaged manufacturing arms for the rebel army. They turn out two sixty-eight pounders and two six-pound howitzers, or smooth-bore cannon, and a great quantity of shot and shell every week. Mr. Anderson, who is at the head of the establishment, has formed the operatives into a military organization, called the Tredegar Battalion, of which he is the commander.