Daring exploit of Col. Morgan capture of a Pederal paymaster.
Augusta, May 20.
--The Atlanta Conf of this morning, says that after the Sparte, Col. Morgan went into Kentucky he struck the railroad above Bowling G burnt two trains and a depot, took the Federal paymaster, with $30,000, and capture one hundred Federals, whom he paroled sent to Louisville.
Col. Morgan his been in Chattanooga.