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Correspondence of the Richmond Dispatch.
the capture of the Argo.

City Point, April 19, 1861.
This morning Capt. Ballard presented a telegram from Gov. Letcher for the release of the beautiful prize ship ‘"Argo,"’ and assigning as a reason that she was loaded with freight belonging to citizens of Richmond and Petersburg. No doubt Gov. Letcher has been misinformed, for I assure you that there is not a pound of freight aboard or on the wharf. Maj. Maclin and Lieut. Lewis W. Burwell, (formerly of your city,) are in command, and express the hope that Gov. L. will countermand his order.

The ship cost her owners fifty thousand dollars four years ago.

Maj. Maclin left for Petersburg this morning to consult with Col. E. L. Brockett.

Tit for Tat.

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