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siege of Vicksburg is still going on — a fact which leads us to doubt the accuracy of our telegram from Jackson, stating the enemy's loss to have reached thirty thousand. That they have been severely punished, however, is evident, not only from all the information we have, but also from the withholding of late Northern papers at City Point. Gen. Pemberton's defiant reply to Grant's summons is doubtless the only foundation for the story so extensively circulated at the North, that Pemberton had proposed a conditional surrender of the place. The investment of Port Hudson by the forces under Banks is not likely to last very long, as he will very shortly be placed on the defensive, and probably be compelled to fall back to New Orleans.
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