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The Baltimore American, of the 27th ult., has been received. The following is a summary of the news: The Yankees had not heard, up to the 27th ult., of the retreat of Sherman, the defeat of Seymour in Florida, or of the repulse of Grant's forces at Tunnel Hill. The Democratic State Convention of Connecticut has nominated Mr. Orizen S. Seymour, of Litchfield, for Governor. The New York Democratic State Convention met at Albany, Wednesday. After completing the preliminary organization, a committee on credentials was appointed, who reported in favor of admitting six delegates from each of the New York city factions — Tammany, Mozart and McKeon. A squally time ensued, the opposing factions charging each other with all sorts of vileness and trickery. The quarrel revealed the fact that with the exception of the Tammanyites, the leaders of the Democracy in New York city are thoroughly impregnated with the peace delusion. Finally the report of the committee was ad
reached. The scheme was a bold one, and showed great originality if not soundness of judgment Gen. Grant is a hold clap, and if he had succedced in his combinations the North might well have claimed retired upon Mobile, Sherman would have thrown himself in his rear and cut off his supplies, as Grant did at Vicksburg when he threw himself between Pemberton and all hope of succor. There could hahould send reinforcements to the scene of action, as it was doubtless expected he would do, then Grant would fall upon him at Dalton and force him back upon Atlanta, against which it was finally hoped Sherman would be able to advance from the west, while Grant pressed down from the north — indeed, the telegraphic wires inform us that Grant has already moved out from Chattanooga, and that a battlGrant has already moved out from Chattanooga, and that a battle is imminent at Dalton; but when he hears, as he must in the course of a few hours, that Sherman has been failed, he will probably retire to Chattanooga, as the latter has to Vicksburg. But how