The Yankee retreat from Jackson

The Northern news published by us yesterday morning of the retreat of the Yankees under Grant from Jackson, Mississippi, is confirmed by our own Southern telegraph this morning. They left precipitately, after doing what harm they could, and of course stealing what could be conveniently carried off.--The retreat was no doubt superinduced by the movements of Gen- Johnston on the chessboard. Grant is said to have retreated towards Vicksburg. The language of Southwestern telegraphs is mysterious generally, and we do not lay much stress upon phraseology which sometimes involves consequential suggestions, for the telegrapher does not mean anything by it. It is usually a mere blundering way of stating things. We take it that Grant has simply put off upon the speediest out to the Mississippi, which is through Raymond, whence he came, and down the Big Black river, That stream lies between Jackson and Vicksburg. If he retreats to avoid Johnston's strategy he would most assuredly fall completely into the net if he moved upon Vicksburg.

The hot term is about commencing in the Southwest and the enemy has accomplished literally nothing. What he can expect to achieve now it is impossible to say; but a few weeks will develop what he can do. Our own people are confident. We have well equipped, well drilled, and brave troops in the Southwest. The main armies there have the co-operation of the best and most enterprising cavalry, whose raids have astonished and greatly perplexed the Yankees, especially those of the iron-clad horses," who have taken so many gunboats. The whole force is in excellent condition, and will give the best account of itself whenever the Yankee invader can be brought face to face with it.

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