FEBRUARY 24th.—Bright and pleasant. Intelligence from the West is of an interesting character. The column of Federal cavalry from Memphis, destined to co-operate with Gen. Sherman, has been intercepted and a junction prevented. And both Sherman and the cavalry are now in full retreat—running out of the country faster than they advanced into it. The desert they made as they traversed the interior of Mississippi they have now to repass, if they can, in the weary retreat, with no supplies but those they brought with them. Many will never get back.
And a dispatch from Beauregard confirms Finnegan’s victory in Florida. He captured all the enemy’s artillery, stores, etc., and for three miles his dead and wounded were found strewn on the ground. Thus the military operations of 1864 are, so far, decidedly favorable. And we shall probably soon have news from Longstreet. If Meade advances, Lee will meet him—and let him beware!
Gold is still mounting up—and so with everything exposed for sale. When, when will prices come down?
But we shall probably end the war this year—and independence will compensate for all. The whole male population, pretty much, will be in the field this year, and our armies will be strong. So far we have the prestige of success, and our men are resolved to keep it, if the dissensions of the leaders do not interfere with the general purpose.