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as her first trip. Inclosed is her charter to run cotton. The annexed list shows that the Dare is the twentieth steamer destroyed or captured. by the Wilmington blockaders since the middle of July last, making an average loss of one steamer for every nine days to the blockade-runners, under whose discouraging losses illegal trade with Wilmington is rapidly diminishing. I have the honor to be, sir, very respectfully, yours, S. P. Lee, Acting Rear-Admiral, Commanding N. A. B. G. Hon Gideon Welles, Secretary of the Navy. A national account. Wilmington, N. C., January 9, 1864. It is my purpose to narrate in this letter the facts concerning the chase and destruction of the blockade-runner steamer Dare by the United States steamers Montgomery and Aries, resulting in the capture of the executive officer, one engineer, and seventeen men from the Montgomery, and one ensign, the captain's clerk, and seven men from the Aries, by rebel cavalry on the coast. It seems that a