JUNE 18th.—Clear and cool.
To-day, heavy firing is heard on the south side of the river. It is believed a general engagement is in progress. It is the anniversary of the battle of WATERLOO. If we gain the day, it will end the war.
It is now said Gen. Early (with Ewell’s corps) has reached Lynchburg, where a battle must occur.
Gen. Ewell has been assigned to the command of this department, Gen. Ransom going West.
We have advices (4 P.M.) of a terrific battle at Petersburg last evening, which raged until 11 o’clock at night. The slaughter of the enemy is reported as unprecedented. Our troops repulsed the assailants at all points but one, and that, which was carried by the enemy, was soon recovered.
At 11 P.M. Lee’s reinforcements came up, and it is supposed, from the sounds of cannon, that the battle was recommenced at dawn to-day, and continued all day. The result has not transpired. This tremendous conflict must be followed by decisive results. If Lee and Beauregard gain the day, peace must follow speedily, I think. If they are beaten, Richmond’s fall can hardly be averted. Our shattered army could hardly get back across the Appomattox, with Butler’s army interposed between—if he still has his army at Bermuda Hundred.