The Asia has brought intelligence from New-York of a battle having been fought on the twelfth of January on the main land, in the vicinity of Port Royal, between Gen. Lee's forces and the Federal troops, resulting in the total defeat of the latter, with a loss of one thousand seven hundred killed and wounded. The Washington Government, we are informed, had taken steps to suppress the news of this reverse, which, nevertheless, has reached a highly respectable party in Liverpool, through a private channel.
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