May 15th. At eight forty A. M. the iron-clad Lafayette made her appearance, coming down Red river; she soon came out of same into the great Mississippi, and communicated with us. Between the hours of twelve and four o’clock P. M., picked up out of the Mississippi, which came down from above, supposed to have been thrown overboard by some gunboat steamer, sixteen bales of cotton, in the production of which Dixie is famous.
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