The Sun.
London, England, 1862-06-26 00:00:00

--,
reports Governor Andrew Johnson, of Tennessee,
killed in Nashville by a man named Gen. Brown,
who in turn had been killed.
The same despatch says that General Butler has
been killed in New Orleans, but adds that the re-
port lacks confirmation. Vicksbu . papers state
that De Sota, Mississippi, had be 'l.l destroyed by
the Federal fleet, and adds, " bat three little build-
ings now marked the spot which once glorified in
the title of a city."
The same report adds that the Federal gunboats
shelled the town off Grand Gulph, and their trans-
ports landed a number of troops, who pillaged and
sacked the town of everything they could lay their
hands upon.
A Nashville despatch of the 12th says :
The rebel batteries at Chattanooga were silenced
on the 7th, after a heavy cannonading of three hours.
Our forces opened fire the next day, and continued
firing for six hours on the town, driving the enemy
out of his works, and forcing him to evacuate the
city. They burned the railroad bridges to prevent
pursuit. The East Tennesseans came out in crowds
along the march, and cheered our troops enthu-
siastically.
In regard to the new issue of 150,000,000 dole. in '
demand notes, a Washington telegram of the 12th
says:

The excitement in New York about the,proposed
authorisation of an additional 150 million dols. of
United States notes is regarded here as unwarranted
by the facts of the case. The whole nominal circu-
lation of United States notes at thistime is only 117
million dollars. There are in the Treasury to the
credit of disbursing officers about 32 millions, leav-
ing about half a million with which to meet drafts
from the department. Of the 117 millions, about
seven millions, being the amount of the demand
notes, are practically withdrawn from circulation,
and hoarded for the payment of customs of the pro-
posed new issue. Therefore 57 millions may replace
the amount thus hoarded, and about 40 millions
will be withheld from issue to meet possible de-
inands for temporary deposit beyond the immediate
means. Thus 97 millions will make no practical
addition to the circulation. It is well understood
that the Secretary will in no event issue any part of
the notes if authorised excepting small notes to take
the place of large, in payment to the soldiers and
other creditors preferring them, so long as the duties
on imports, the increase of the temporary loan and
the conversion of the United States notes already
issued into 5 20.100 par bonds, now practically
limited to the 90 million of legal tender notes,
yield revenue enough to meet the daily expenditure.
During the present week thus far the income
from these sources has more than met current ex-
penses. The conversions have alone supplied more
than half a million dollars a-day, , and will pro-
bably increase under the circumstances. Very
little use will be made of the additional authority
proposed to be given the Secretary, though it is
thought prudent to guard against possible exigen-
cies by giving it an expansion of the currency.
What may take place, therefore, will not be attri-
butable to the Treasury Department, to whatever
else it may be ascribed."
The Secretary of the Treasury in his letter to

the Committee of Ways and Means, says :
" The limit of temporary deposit is now reached,
and nothing further can be expected from that
source. It is therefore upon the conversion of
United States notes into five and twenty-hundreds,
and from the receipts from Customs, that She Trea-
sury must mainly depend for means to meet cur-
rent expenditure'

The Portland Argus says:—" The big guns are
being mounted in the forts of our harbour; we
presume not from any presumed present emer-
gency, but because everything was ready for their
mounting."
The New Yorls Herald has a letter from Louis-
ville to the effect that rumours are rife that the

"rebel" General Kirkly Smith is marching from
Knoxville across the mountains to Nashville, which
is now in possession of our forces. A portion of the
rebel troops at Corinth are reported to have been
sent to reinforce Smith ; it is stated that reinforce-
ments have been sent to General Dumont, the Fe-
deral Commander at Nashville.
As regards the threatened bombardment of Gal-
veston, Texas, we have nothing additional to what
has been already published, except the announce-
ment that on the 22d May a foreign war vessel ar-
rived, and under apprehensions of an attack the
foreign consuls had taken ships for the protection
of their subjects.
General Magruder is said to have been assigned
to the command of the Confederates in Arkansas.

General Banks's report of his retrograde move-
ment is published. The general claims it to have
been a positive military necessity, and that the
movement, under the adverse and dangerous cir-
cumstances, was bravely and successfully executed.
He estimates his loss at 38 killed, 165 wounded,
and 712 missing—total, 905. Fifty-five waggons
were lost.

In the House of Representatives on the 11th; Mr.
Whaley offered a resolution which was referred to
the committee on military affairs, in acknowledg-
ment of the services of Major Anderson and his
officers and men for their gallantry at Fort Sumter,
and providing gold and silver medals for them.
Mr. Bingham offered a preamble and resolution,
which, after a lengthy debate, was adopted, setting
forth that information had been received by the
Government that the Hon. Benjamin Wood, mem-
ber from New York, had been engaged in commu-
nicating, or attempting to communicate, important
intelligence to the enemy, and concluding with
directing the committee on the judiciary to investi-
gate the matter. Mr. Stevens, from the committee
on ways and means, reported a bill, which was
ordered to be printed, authorising the issue of
150,000,000 of Treasury notes, of the denomination
of not less than five dollars, to be lawful money and
a legal tender in payment of all debts, public and
private, excepting duties upon imports and interest
on the public debt, &c.
In the Senate on the 12th, Mr. Davis offered a
resolution relating to General Buckner, stating that
he had seduced the State guard of Kentucky, and
committed treason, and was under indictment for
treason against the United States in the District
Court of Kentucky, therefore, "resolved," that said
Simon Bolivar Buckner ought to be transferred to
the civil authorities of the United States to be
tried for treason, whereof he stands indicted.
After a debate, in which some speakers urged that
Buckner should be exchanged for some Federal
general, and others that he should be hung, the
resolution was postponed.
On motion of Mr. Saulsbury, a resolution was
adopted calling on the Secretary of State to inform
the Senate what amount of money had been paid to
Maine and Massachusetts for yielding to the Ash-
burton treaty, and what had been done with
the money stipulated to be paid for certain lands
taken by Great Britain, and if the same had not
been Paid, why not.
In the
Rouse of Representatives Mr. Stevens re-
ported back
the Tax Bill from the Committee on
Ways and Means. He said the Senate had made
314 amendments, a large number of them un-
important in their character, and in order to facili-
rrence in all the amendments, and then asked
definitive action, he
moved a general non-
tate a
Pvfaiyt
enla
bill to give
motion was adopted by
fwcoohrneacncuotrnh e
ce of conference. Some debate followed,
81 against 68.
and emoluments
ne noaffit
ebri
sl 1
ofd etfihnei ng tarmy,he
amendments—
oneh
of which embodied Mr. Arnold's
of Tcehreta
who see, citizenship to all volunteers
ve, and are
on proving
one
honourably discharged,year's resi-
dence, and another to punish fraudulent contractors
by court-martial, with fine and imprisonment, and
to bring all contractors under articles of war, was
passed.

....--
COMMERCI A L INTELLIGENCE.
The latest monetary intelligence from New York
to the evening of the 14th, received via Father
Point, is of considerable interest. A very heavy
shipment of specie for Europe by the two steamers
sailing on that day caused a great excitement in
regard to sterling exchange and the price of gold.
Bankers' bills on London rapidly advanced from
116 k to 118, and gold rose from 54 per cent to 7
per cent. premium. There was also an upward
movement in the leading securities, United States
Sixes closing at 107.
► cotton was quiet but firm; at 31c. for middling