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us speculates on the probability of a movement on Mobile: I was positively told the other day that instructions to Admiral Farragut to pierce Mobile harbor by Grant's pass, a narrow artificial channel formerly used by light draught steamers, had been communicated to Gen. Banks by the Department at Washington, with orders to co mud of Algiers and returning from Attakapas. It will be easy for McPherson to co-operate with them; but how would he manage to do so in an attack on Mobile? Grant and Sherman found it impossible to go eastward of Jackson, Mississippi, when the former had his entire forces with which he captured Vicksburg with him. How are thther case no extemporized outfit and no slight preparation for heavy work would be advisable. It must be undertaken by an army equal in all respects to that which Grant led to Vicksburg. If Gen. Halleck thinks it might be effected by what is left of Bank's army after the campaigns of last year and the numerous feints on Texas, wi