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The Baltimore American, of the 25th and 26th instant, have been received. We subjoin a summary of the news:

The Red river expedition.

The Red river expedition has met with an important success in the capture of Fort De Russey, with 283 prisoners and several heavy guns. Our land forces, under Gen. Smith landed a few miles below the fort, when Gen. Taylor, the rebel commander, attempted an attack on the rear of our forces with the view of cutting off our communications with the river. With a quick perception of the advantages thus opened to us Gen. Smith abandoned his communications with the river, and struck out boldly for Fort De Russey, which, by forced marches, he reached and captured before the rebels could regain their stronghold. Admiral Porter at once steamed up to Alexandria. This success gives us control of one of the richest cotton regions of the Southwest.

The Army of the Potomac.

Lieut.-General Grant and staff arrived at the headquarters of the Army of the Potomac yesterday, (25th,) and at once ordered the army to be got ready for his inspection. He was received with much enthusiasm. The First and Third Corps have been consolidated and attached to the Sixth, commanded by Major-Gen Sedgwick, Gen. Hancock has assumed the command of the Second Corps, which is now one of the largest in the army. Deserters continue to arrive in our lines.


Secretary Chase, under the authority of the act authorizing the sale of the surplus gold in the Treasury, has determined to issue "gold notes," receivable for duties, with which he proposes to anticipate the payment of interest on the public debt due up to 1st January 65. That due on or before the 1st of July next will be paid without rebate of interest; on that due after July 1st, a rebate of three per cent will be exacted. It is supposed that about twenty five millions of dollars of interest on the public debt will be anticipated.

In New York on the 25th (Friday) gold opened at 168½ advanced to 169¼, and closed at 168½. In Baltimore the closing rate was 168½.


Andy Johnson is urged by his friends as the nominee for Vice President on the ticket with Lincoln.

A troops are to be transferred to the Eastern

Gen. Burnside was in Washington on Thursday last. The troops to accompany his expedition are rapidly assembling at Annapolis.

The Ohio Democratic Convention adopted resolutions opposing the prosecution of the war for the subjugation of the South.

Senator Saulsbury made a bold and defiant speech, in the Yankee Senate, on the 25th, against military interference with elections.

Gen. W. F. Smith will be Chief of Staff to Lieut. Gen. Grant.

The Pennsylvania Democratic Convention pronounced in favor of Gen. McClellan for President.

Chicago has been fixed upon as the place of meeting for the "National Democratic Convention."

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