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s soon as his wounds are healed.--He is confident that, though he can no longer wield a musket or a sword, his presence in the hour of peril will inspire his gallant comrades in arms, the "Continentals," to further deeds of noble daring. The Mississippi Valley. The army correspondent of the Mobile Register, writing from Memphis, April 12th, is disposed to take a discouraging view of affairs in that direction. We copy a portion of the letter: The condition of affairs up the Mississippi river is by no means satisfactory. The reduction of Island 10, though anticipated, is a very serious blow, and will be followed soon, I fear, by the fall of Fort Pillow. There would be no difficulty in holding the river against gunboats alone, but the case is very different when there is a large co-operating land force. I need not refer to the deplorable consequences that would follow the fall of Fort Pillow; they will readily occur to the mind of every intelligent reader. Five of th