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But three persons died on the voyage. Raid on light boats. The New York Herald has the following dispatch from Washington: On Saturday night last, a party of rebels, numbering about one hundred and fifty, under command of Lieutenant Taylor Wood, of the rebel navy, and nephew of Jeff. Davis, left the Ycomico river in sloops and small boats, bound on a raid to Smith's island, with the design of destroying the light boats. The gunboat Yankee and several other of our boats were inf and at once started in pursuit of them. It may be, as our gunboats were last night shelling the woods in the vicinity of Smith's Point light, on the western shore, that the rebel gang had returned to that point and had escaped to the main land. Wood's is the same party who captured the Satellite and the Reliance. Plan of Grant and Sherman for destroying Lee's army. The United States Army and Navy Gazette has a long article upon the probability of the destruction of General Lee's arm