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er extracts from our latest Northern papers: The General Situation. The Baltimore American, of the 30th, which had not yet received the news of the big fight, thus speaks of the "situation:" But let us suppose that Pope — as did Gen. Banks of late — holds his own; that his forces, although badly cut up, are not disorganized, hopelessly beaten. Upon what must then be the flank of the enemy McClellan, with everything available about Washington, will pour down, whilst, meanwhile, Burnside may get up to aid Pope, and thus cut off the rebel retreat towards Richmond, should he be worried by so much desperate fighting. In that case, destruction to the rebel host would be certain--final. These are mere speculations, of course; but, based upon the actual positions held by the hostile columns, they may, in the absence of anything definite, help to elucidate the hopes and to calm the apprehensions of our readers whilst awaiting news from the great battles anticipated. Mea