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The News.

Yesterday, all day, a feverish state of excitement pervaded the public mind with reference to matters on the Peninsula and in the Southwest. It was currently reported on the streets that an announcement had been made in the secret session of the House on Saturday that two terrific battles were then going on, and the confidence felt in this report created the most eager desire among the people to obtain the particulars, and with a view to its gratification, the newspaper offices were unsuccessfully besieged during the entire day.

It is understood that heavy cannonading occurred on the Peninsula on Saturday, but no general engagement took place. We have no information of the result of the firing.--As to what transpired there yesterday we are completely in the dark up to the present writing. A general fight may or may not have taken place; but we think it probable that if anything really stirring had occurred we should have had intelligence of it.

All the intelligence we have from the Southwest will be found under our telegraphic head, which represents the contending parties in active preparation for the impending conflict. The storm- cloud must soon burst in that quarter, and we may be permitted to express the fullest confidence in our chieftains there, and the gallant men under their command.

On the line of the Rappahannock matters are seemingly quiet, and little apprehension is felt that the enemy will early advance from that direction.

Our latest information from the Valley represents "Stonewall" Jackson and the foe, in large numbers, within two miles of each other. It is said that our little army has a strong position, and, if the enemy should continue to advance, them will no doubt be a bloody fight near Mount Jackson.

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