STARTLING NEWS PROM AMERICA.

Southland Times, Volume I, Issue 46, 15 September 1864, Page 3

STARTLING NEWS PROM AMERICA.

' New Yobk, July 13th. Gold risen to 282. A financial crisis is expected.. • Mr. Secretary Chase has resigned. The Western States express an intention of ■eceding from the Union. General Grant, ; after 'attacking General Lee on fho Chicfeahflmiriy) auddenlv joined his forces with

those of Q-eneral Butler, and assaulted Petersburg city, ..twenty , wrath of Bickmond. After" -two' desperate attempts 1 in one day, with 1x)33 of eight thousand men, Grant -was obliged to abandon the position. Several engagements have taken place in G-eorgia. The Federals, under General Sherman, were defeated •with the loss of four thousand nine hundred men. Thr Confederates, assuming the offensive, invaded Maryland, defeating the Federal General Wallace, r who sought to withstand their advance. The Federals retreated on Baltimore, in disorder. An invading force, estimated at 50,000 men, and General Lee, according to the latest reports, were within four miles of Baltimore, and six of Washington. They captured the private despatches of Secretary Staunton. General Grant and others;, cut the telegraphic wires connecting Washington with New York, broke tip the railroad and destroyed bridges to prevent communication with the North. The Baltimore banks have removed their valuables on board steamers. : The Governor of Pennyslvania urges people to volunteer, as Government consider the case urgent. Governor Seymour has called out all the State militia, in readiness for service. Those of New York, New Jersey, Pennsylvania, and Massachusetts, showed great indisposition to respond to tho call for the defence of Washington. The Federal Government have applied to the banks for a loan of 50,000,000 dollars for the immediate wants of Government. New Yoek, July 15.— The Confederates, after making demonstrations against Fort Stevens retired on Thursday from before Washington, and recrossed the Potomac with immense quantities of plunder. Telegraphic communication with Washington has been re-established. The invasion was considered abandoned. New York, July 16. The Confederates made demonstrations against Grant's left, with the object of getting in his rear. General Sherman is reported to have crossed the Chattahoochie, and arrived before the defences of Atalanta. Gold, 2545. The Northerners no longer feel much enthusiasm for the war. The war party declare publicly that the South cannot be conquered and that the North ought not to strive any bnger to accomplish a purpose so fatal to her own liberty.