True Democrat., 1863-02-11
BY TELEGRAPH.
From the Daily Mssippian of Feb. l.


 Richmond, Jan. 30.
 The Washington correspondent of the New York Herald says that the radicals have determined to prosecute the war with the greatest vigor tor the next three four months, and if peace is not con qtercd n that time thjS will accept the mediation Of Napoleon and the recognition of the South, on con- dtion that it will agree to plan for gradual eman- cipation Vicksburg is again to be assaulted by Me Clcrnand's and Grants armies, and Porer's gunboat fleet: inc expedition have startei
 The financial bill passed by the House on Monday is already causing ai imitation in prices million of dollars of gold has hcen sold ill w ashiugton, chiefly at 5i per cent lremium.
 FREDERCHSBURG, J an. 3U.-The Philadelphia ln- quirer of the 18th has hecn received. dispatch dated Headquarters Army of the Potomac. s"ys this forenoon General Burnside turned over the com mund of the army to Hooker, who to hca,lquur tcrS for the purpose of assuming it. As soon as the change became known number of superior officers callcl on Gen. Burnside and took final leayc with many regrets. Burnside. in his farewell adtlicss, says In taking afectonste leave of the entire army. from which he departs with much regret. he may be parIoned if he bids especial farewell to his long tried associates Of the 9h corps. His prayers are-God may De with you, and grant con timed success until the rebellion is crushed. It is understood that Sumner ana Franklin have also been relieved in consequence of their refusal to fight under Hooker, from lack of confidence in his ab.ity.- The names o their succs~orS are not yet known, if appointed. Burnside, with most of his staff. all lowed 30 days leave of absenc6 and go New York. The Washington correspondent of the Inquirer
  of the army of the Potomac gives most sincere tilication to the army. and even ill Washington contrary sentiment is dearly cxreSed and then only bv sympathisers with treason. Sumner and Frank lin arc charged with prompting demoralization
 Wh eler's rebel cavalry made dash at q train of cars between Nashville and Franklin ana destroyed two cars.
 Grant has been down the river holding confer. ence with the other generals, and has returned to Memphis. He Is preparing to take command of the expedition i'll person. RumOr says he will snpersede McClernard. Cotton arriving in Mem phis freely.
 CHARLESTON, Jan. 3O.-The federal gunboat John <. Smith, carrying eleven guns and two hun dred men, surrendered internationally to our forces this afternoon, after a short engagement in Stone rvcr the enemy's loss heavy; only one man wounded on OUT side.
 SAVANNAH, Jan 30-On Thursday afternoon and night, nine gunboats were in sight off Fort McAl- lister.
 Several days ago Gen. Ripley dispatched force of artillery, commanded by Lieut. Col. Iates, to James Island with the design of attacking the Yankee gunboats cruising in Stone river, about eight miles from this city. ates posted his guns in semi mi-crcle, stretching on both sides of the river around the gunboat John R. Smith, and at four o'clock yesterday afternoon he opened con centrated fire upon her. She replied with her broadsidcs. The engagement lasted one hour, when the gunboat hauled down her flag, surrender ing internationally. with one hundred and eighty
 
 crew were killed and wounded. Our loss was one man wounded. Another very important move ment IS in progress here.
 CHARLESTON, Jan'y 3lst.-This morning the gunboats Palmetto State and Chioora, accompa- niel by three steamers all ul der command of Com madoie Ingrah m made attack on the block aders, and succccdel in sinking two and cripp a third The engagement commenced at four O. clock by the Palmetto State, with Com. In 2raham on board, opening fire upon the fe 'eral g'lnboat Mercctliter, carrying eleven guns and loo men, which was soon sunk in five fathoms of water, her commander and crew surrendered. Capt. Tucker of the Chicora reports sinking another federal gun boat and the di5 bling of the steamship Quaker C.ty the latter set on fire by the Chicora and hauled down her flag to surrender, but afterwards managed to escape, using only one wheel. She was badly damaged; the number of blockadcrs out side at the time of the enga yement thirteen, with two first class frgates The federal loss is very severe, 1t was complete success on our part, with not man hurt the gunboatS were not even struck all the bocAadtrs have disappeared, not one is to be seen within five miles with the strong est kind ofa glass; our boats returning. The following is tEe otfcill dispatch: ''On board gunboat Palmetto State. 1 went out last night, this vessel struck the Mercedter when she sent a boat aboard and surrendered the officers and crew who were paroed, Capt. Tucker thinks he sunk one vessel and another fire, when she struck her flag. The blockading fleet has gone to north ward and eastward out of sight.'
 Signed D. .INGRAHAM,>
 Flag Officer"
 CHATTANOOGA, Jan. 3O.-Wheeler's cavalry at tackled fleet of twenty four federal transports on the Cumberland and destroyed five on last Friday.
 RICHMOND Jan. 3l-The Times of the 18th con tans the address of Hooker, to the army of the Potomac. He says, in uipnent, intelligence and valor, the enemy interiors. Let us never hesitate to give him battle whenever we find him. The Times correspondent says, the impress sioIr produced among the better class of the French populatioh is that the Emperor's discourse is un- favorable to the United States.
 NiCKsBuRG, Jan. 30.--A number of the enemy made their appearance on the opposite side of the river yesterday and to-day, and were engaged in reconnoitering with glasses and engineer jnsru- ments; few shots from our batteries caused them to six ed lddle. The enemy have fired two houses in Desoto, which are in flames. No cannonading from this side up to one o'clock to-day. Scouting parties of the iederas made their appearance on the river blIk opposite the city this morning and burned four houses under the range of our guns. They are supposed to be erecting batteries opposite the city, No new movements Of the fleet have been observed to-day
 CAMDEN, February 9th, 1863. To Mai. Cabbell Little Rock.
 Jackson Crisis of the 1s February, just received by express; it contains Commodore Inglam's off cal report of splendid naval victory off Charles ton, South Caroiinn. He sunk two iron clads, crippled another which escaped under white flag and drove off the balance of the fleet, thus glori- ouslv raising the blockade. Another iron clad was captured in Stone river. News from the east most cheering. Burnside has been deposed, Sum- ner and Franklin removed, Hooker succeeds Burn side. A great political meeting in New Jersey the other day, declared for peace, Wheeler attacked another fleet of transports the Cumberland and sunk i've Col advanced in New York to l53, and declined in Richmond to l75. Foreign news encouraging Napoleon inimates that unless other European powers cooperate with him very soon he will alone recognize independence The negro exemption clause of late conscrlpt act has been repealed in the House. Supposed Senate will concur. No fighting at Vicksburg. Yankee erecting batteries on this side river, opposite ant below Vicksburg.
 THOS. c. PEEK