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East Tennessee.

Burnside has been called to Washington, with all his troops. Of this there seems to be no doubt whatever. The traitors in East Tennessee, who profess to have planted their crops in the hope that they would be reaped by the Yankees, are, therefore, likely to be disappointed. Burnside will not prevent troops from being sent to Johnston, as the New York Herald suggested. The movement of General Lee, whatever may be its object, seems to have been, in the language of a lard-room, "a ten strike." It has disconcerted all the latest schemes for crushing out the rebellion.

The success of Gen. Chalmers in sinking several transports below Memphis, proves what we said some time since — that even though Vicksburg and Port Hudson should both be captured, the Mississippi can never be considered open for trade as long as a hostile population inhabits a portion of the territory lying upon its banks. Flying batteries will always be found to annoy trading boats, and security is the life of commerce.

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