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ut the terrific gale prevailing since Friday made it impossible for him so to do. Major Gen. W. F. Smith, who accompanied Gen. Grant, remained here, and will in all probability be assigned to an important command under Major Gen. Butler. Gen Smith is an excellent officer, he having been tried not only in the Peninsula campaign and all its attending battles but also in the Western fields, under the immediate command of the new General in-Chief. The position to be assigned to Gen. Smith hGen. Smith has not yet been made public, but will be one of importance and commensurate with his rank. Judge Ould's mission to this place, as I intimated in my dispatch of the 30th ult., was for the purpose of facilitating exchanges of prisoners between the United States and the rebels. During the two days of his stay at Old Point Comfort Gen. Butler and he came to the most perfect understanding, and hereafter exchanges will continue on a fair and honorable basis, unless the same is interrupted or int