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European dates as late as the 25th of June, are received. The most important intelligence in them, to readers on this side of the Atlantic, is the sinking of the C. S. steam corvette Alabama by the Federal gunboat Kearsage, in Cherbourg bay, on Sunday, the 19th ult. The Alabama reached Cherbourg on Saturday, the 11th of June, from Cape Town, with thirty prisoners, the crews of two merchant vessels which she had captured and destroyed on the passage, and which she landed immediately upon arriving. She entered the harbor for the purpose of making repairs, as she was in an unseaworthy condition. While there, it appears that the Captain of the Kearsage challenged Semmes for a fight between the two vessels — the challenge was accepted, and on the 19th the Alabama steamed out to attack the Yankee boat. At the same time, the Deer Hound, a steam pleasure yacht, owned by John Lancaster, an English gentleman, steamed out with Mr. L. and his family to see the fight. Mr. L. furnishes