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A raid that did not pay.

--There was a report a few days since that a considerable Yankee force was moving upon Ashville, in North Carolina. The News of that place, of the 11th, says of the raid that it had been known for some days that a Yankee raid from Tennessee, in the direction of Franklin, Macon county, was made last week. From the information in our possession, it was not a paying expedition. It seems a Yankee force estimated at 600 invaded North Carolina by way of the Tennessee river, and got within about twenty miles of Franklin. But Col. Thomas's Indians bushwhacked them so unmercifully that they turned at that point and hurriedly retreated, having had one captain, two lieutenants, and a number of privates killed, and a considerable number wounded. The dead they left lying where they fell, but carried off the wounded. Good for the red skins.

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