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The news.

An official dispatch from Corinth, dated May 1st, says that we have re-taken Tuscum and Decatur, and that the Federal General has not more than 5,000 troops, all and around Huntsville, Alabama.--The same dispatch advises us that the Yankees are moving in front of our army at Corinth, and that active preparations are in progress to meet them. The opinion is general that a great battle will come off near the Tennessee river at an early day.

From the Peninsula we learn that a battery was unmasked a mile and a half below Yorktown, on the morning of the 27th, since which time the enemy have been shelling our shipping, and all vessels that approach there are exposed to the Yankee projectiles. A letter from Yorktown, dated April 29, mentions that a few days ago five companies from the Fifteenth Virginia regiment, (including the Young Guard and the Virginia Life Guard, of this city,) with a detachment of Mississippi riflemen, went out as a scouting party to scour the forest in front of her lines. After a short march they advanced upon the enemy's pickets, and the on both sides was pretty sharp for a couple of hours. Five Yankees were killed and wounded, and one taken prisoner. In skirmish, private William Daily, of the Life Guard, was surrounded and captured by the enemy. It happened that on the same day the Federal Colonel and Major (here of re to) were taken prisoners, and these stated that Daily acted most gallantly before surrendered himself into the hands of the enemy.

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