The true Democrat., 1857-03-03
Cheering News from Nicaragua.
O"FtUfc OK 1ost! S T UIHt-@.tF CtIt SIdHs III
 of the Enemy.

capture Oi LONy7S FOlnt-.-trreat Slaughter of the Enemy. Sondh- Vest Pass, Feb. 17.--The steamship Texas, from San J Juan del Norte on the 10th !nst., hss arrived.
 The Texas arrived out on the 4th inst, and the Ienressee on the 9th. The Orizaba from San Francisco, arrived at San Juan del Sur on the 2d, and sailed again for Panama on the Sd, where she arrived on the 5th.
 The Tennessee took the passengers of the Texas, and proceeded to Aspinwall, where they went to Panama by railroad, and took the Orl zaba for San Francisco.
 The mail steamer had not arrived at Pana- ma, when the Tennessee left Aspinwall, though she was overdue one week. It is reported, that the passengers in waiting would be for warded by the Orizaba. The Transit route was not open when the Texas left, but from the manner in which the recruits were proceeding, there is little doubt but that it will soon be clear Col. Lockrldge has been waiting for ren- forcements and guns, which he received, and, having small steamer ready, immediately pro ceeded up the river, and, on the 9th ins,., at tackled the enemy (30O strong) at Cody's Point at the mouth of the Serpaqui river, routing them and taking possession of the Point. The enemy fied n all directions, some jumping into the river, and others taking to the woods. The loss of the enemy was about 100 killed and wounded: that of the Ncaraguans, f kill. d, including Col. Rudler and Major Ellis wounded
 The point thus gained is one of the most i,n- portant on the river and is situated at the mouth of the Serapiqui, and elevated above all other positions at that place. The enemy have concentrated nearly all of their river forces about this place, and when the Nlcaraguans once get possession of the whole of It, the conquest of the rest of the river will be an easy matter
 The opposite side of the river is still occu- pied by the Costa Ricans, and Col. Lockrdge was only deterred from taking possession of it for want oi means to cross the river, the ma chinery of the steamer having got out of order.
 The steamer was sent back to Punta Arenas and immediately repaired and had again pro- cceded up the river when the Texas left
 The enemy are decidedly in bad fix here Tn case ot defeat as they cannot retreat except in the rear, which is an almost impenetrable forest; and, from the superior position of the Nlcaraguan forces it iS expected that on the next attack they would completely annihilate the enemy.
 Colonel Lockridge was perfectly sanguine that he would have entire possession of the river in one week. His whole force amounted to 48O men, in good condition, we'll armed, etc
 Our advices from Gen. Walker are to the 3d inst, and are important. They are brought by the Orlzaba to Panama, and thence here by the Tennessee
 The enemy had again appeared near Rivas, at place called Obra, under Gen. Canas. Glen. Walker ordered two companies-one of rifles and one of rangers--to march against them. After twenty-lour hours skirmishlng, the enemy retreated, and Walkers force with drew to Rivas The loss of the enemy in this affair was 1OO--tha: of Walker ,, including Capt. Phinney.
 On the 18th, Gen. IIenningsen, with 400 men, marched against 1900 of the enemy, who had possession of St. George Henningsen succeeded in driving them from the city with great loss, when he received orders to return to Rivas The Allies lost at St. George POO killed and 400 wounded. Henningsen lost 16 killed, and B wounded. Among the latter are Col. Jacquess, Major Dusenbery, and Lieut. Steel
 Walkers force at Rvas consists of 1900 men, of whom l 100 are lit for duty. Ills troops are in better health than they ever have been since the war commenced, and are in excellent spirits mot doubtins their ability to conquer any force that may be sent against them.
 Walker has provisions and ammunition for three months.
 The Texas brings 100 cabin passengers and l5O steerage.
 OC- The following dispatch from our special agent confirms the above
 SAN JUAN DEL NoRrE, Feb. 10.
 -1gent Associate{ Press, N C. The steamship Texas arrived al San Juan on the ith lnst.--tho trauait route still continuing closed and in the hands of the enemy. Those who have the best opportunity of judging among the Americans, think that the route will be opened during this month
 On the 6lh inst, 300 men under the com mand of Cois. Lockrdge and Titus attacked Cody's Point defended by 300 Costa Rcans They drove them across the river, and into the woods, with considerable loss Only four Americans Were killed anj ten wounded. The commander at Cody's Point has been engaged for the last two or three days in fortif,iug the place.
 X general attack will be made upon the fort Opposite Cody's Point) and when taken the troops will easily go up the river, as no resist ance Is apprehended at the points above